SCG announces 7% increase in revenue
Thailand’s Siam Cement Group (SCG) has announced a seven per cent YoY increase in revenue to THB361bn (US$10.95bn) for the first nine months of 2018. However, profits fell 19 pe...
Thailand
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Siam Cement's 2Q18 profits down 6%
Siam Cement posted a six per cent drop in second-quarter profit on Wednesday, hurt by weak seasonal cement demand and its chemical business. Revenue from the cement and building...
Thai King increases stake in Siam Cement
Thailand’s King Maha Vajiralongkorn Bodindradebayavarangkun has increased his stake in Siam Cement Group from 0.8 per cent to 30.8 per cent, and has become the top shareholder. ...
Siam Cement to appoint a new director
Air Chief Marshal, Satitpong Sukwimol, a close aide of Thailand’s King Vajiralongkorn, is awaiting shareholder approval to become a director of Siam Cement Group (SCG).
Siam Cement record revenue increase in 2017
Siam Cement has released its financial results for the full-year period ended 31 December 2017. Revenue reached THB450.9bn (US$14.34bn), an YoY increase of six per cent from THB...
SCG cement revenues up 6%
Thai conglomerate Siam Cement Group (SCG) saw a 14 per cent YoY rise in consolidated sales in 4Q17 to THB113.4bn, as growth in the Packaging business offset a slight decline in ...
SCG Cement sees 8% rise YoY from sales in Vietnam
SCG Cement’s revenue from sales in Vietnam has seen an eight per cent rise YoY to VND6.88tn (US$309m) for 3Q17.
Siam City sees weaker domestic demand
Siam City Cement Co recorded an 80 per cent decline in second-quarter net profit with the fall being attributed to rising costs and weaker demand in its home market of Thailand....
SCG revises down full-year outlook
Siam Cement Group's (SCG) has revised down its sales growth outlook for 2017 as net profits in cement and building materials fell by 29 per cent YoY in the 2Q17. The company's t...
Delays in offloading clinker at Chittagong following marine incident
Delays in the offloading of clinker have been experienced at Bangladesh's Chittagong Port after bulk carrier Ocean Phoenix, laden with 45,000t of clinker on board, started to dr...